Good With Your Money - Decoding Your Tax Code

If your tax code is incorrect, you could be paying the wrong amount of tax. And there is reason to believe that many people who are being over-taxed are unaware of this because they do not understand what their tax code is or how it is worked out.

The purpose of this guide is to ‘de-code’ the mysteries of your tax code. We aim to explain what your tax code means so that you can check if it is correct and, if not, get things sorted out.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.